Why is TCI Industries falling/rising?

As of 13-Nov, TCI Industries Ltd is experiencing a price increase, currently at 1,494.95, reflecting a rise of 54.95 or 3.82%. The stock has shown a strong performance today, outperforming its sector by 4.03%. Despite opening with a loss of 2.78%, it reached an intraday high of Rs 1,494.95. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 83.11% against the 5-day average, which may raise concerns about sustained interest in the stock. Over the past week, TCI Industries has gained 6.78%, while its year-to-date performance shows a decline of 5.98%.
In the broader market context, TCI Industries' recent short-term performance has outpaced the Sensex, which increased by 1.40% over the same week. However, the stock's year-to-date decline contrasts with the Sensex's gain of 8.11%, indicating that while TCI Industries is currently rising, it has struggled to keep pace with the broader market over a longer period. The stock's strong performance today may reflect a temporary rebound, but the significant drop in delivery volume suggests potential challenges ahead in maintaining this upward momentum.